Friday, June 28, 2013

Legal Advice About What to Disclose

After meeting with the real estate agent you are left with the seller's disclosure statement and the procrastination begins to set in. This isn't as easy as they said it would be. And why didn't they stay to help you fill it out?

Well, the answer is they can't help you do it because they aren't lawyers and can't provide legal advice. So it's your job to fill out the form. But how? How should you fill it out? And what should you do when an offer comes in? What should you do and what does all that legal language mean to you as the seller?

As for the disclosure statement, there was the problem with the windows or the roof leaking. What do you have to disclose and how should you disclose those problems? You have to be honest and you don't want to reduce the value of the sale price, but how? How do you do both?

Call upon us to help you with how to fill out the Iowa Seller's Property Disclosure Form. For $250 we will provide a one-time review and legal advice on how to proceed.

Steve Lombardi
Lombardi Law Firm/Lombardi Commercial Real Estate Services
1300 - 37th Street, Suite 6
West Des Moines, Iowa 50266

Fax: 515-222-0718
Phone: 515-222-1110

Marching with Law and Real Estate

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